Property Listing
Description
Discover the perfect blend of historic character and modern industrial design in this unique up-and-down duplex. Situated in a prime area for rentals in Duluth near hospitals, bus lines, and downtown, this property is an ideal addition to a portfolio or a perfect owner-occupy opportunity. Step into the lower unit a 1 bedroom, 1 bath completely reimagined main-level unit, where classic Duluth architecture meets a modern open-concept layout with a stunning industrial/unfinished aesthetic. Honestly with the exposed brick, industrial aesthetic, and the high ceilings it feels like it could be a New York City style artists loft. The upper-level unit offers a well-maintained, classic apartment layout that is both clean, spacious and freshly painted since purchase. Unit provides a comfortable living environment and is currently occupied by a reliable tenant, ensuring immediate rental income for the new owner. While it retains its original charm, the space is move-in ready and serves as a perfect complement to the modern industrial main floor. Upper unit rents as a 2 bedroom, but unit has a 3rd bedroom currently being used as its laundry room complete with new washer/dryer. A new owner could move these machines to the basement (there are hookups) if a 3rd br is desired for a higher ROI. Both units can access the lower level walk-out through back hallway/stairway. Basement area has a tuck under parking space, loads of storage, a 1/2 bath, and possibly future potential to reimagine the space. The backyard space received a fresh update by removing some unneeded trees, (helped view from units, can now peek a boo Lake Superior) adding a new deck, fence, & new sod. Making this area a plus for tenants as a back yard space, or kept as a private yard for a owner occupant buyer. Whether you are a owner occupant looking for your 1st home/rental property, (live in one side, rent other) or a seasoned investor this property is worth the time it takes to go check out.
Property Information
Status: Active
Sub Type: ********
List Price: $265,000
MLS#: 7028751
Current Price: $265,000
Address: 722 E 3rd Street, Duluth, MN 55805
City: Duluth
State: MN
Postal Code: 55805
Geo Lat: 46.796048
Geo Lon: -92.091669
Subdivision: Portland Div Of Duluth
County: St. Louis
Property Description
Year Built: 1891
Lot Size SqFt: 3484.8
Gen Tax: 2370
Specials Inst: 0
High School: Duluth
Square Ft. Source:
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Below Grade Unfinished Area:
Total SqFt.: 3324
Style: Array
Total Bedrooms: 3
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
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Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
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